Harayana RERA imposes Rs. 30 Lakh fine on real estate firm

Haryana Real Estate Regulatory Authority (H-Rera) has imposed a penalty of Rs 30 lakh on a private developer for inviting applications for its housing project without registering it with the regulatory body. Gurugram bench of the H-Rera passed these orders on Tuesday, while deciding a case where it had taken suo motu cognizance of the alleged irregularities by the private builder. The project is joint collaboration between Indian and Japanese group with estimated cost of around Rs 357.11 crore.